Jadela Oil Corp. Increases Financing

Jadela Oil Corp. ("Jadela") (TSX VENTURE:JOC) wishes to announce the increase in
the size of the financing announced on July 26, 2011 from $2,000,000 to
$5,000,000 to be comprised of 5,000,000 units at a price $1.00 per unit on a non
brokered basis. Each unit was comprised of one common share in the capital of
Jadela and one common share purchase warrant. Each warrant entitles the holder
to purchase one common share at any time within two years of the date of
issuance at a price of $1.50 per common share. All of the securities issued
under the private placement are subject to a four month resale restriction and
will contain a legend which will detail the resale restriction. There is no
minimum or maximum. Jadela may close the offering in several tranches. In
connection with this private placement, Jadela will pay cash finder's fees equal
to 8% of the funds raised to eligible finders who introduced subscribers to the
private placement and issue one finder's warrant for every 10 units issued to
eligible subscribers. Each finder's warrant will be issued to finders on the
same terms as the warrants comprising the units. All sales must be concluded by
September 9, 2011. Jadela received conditional approval from the TSX Venture
Exchange for the 2,000,000 unit offering. Jadela has applied to the TSX Venture
Exchange for conditional acceptance of the new financing. The purpose of the
offering is to acquire mineral rights, to pay for drilling expenses and to pay
for the cost of capital infrastructure in South Texas.


The units will be sold to Canadians who qualify as "accredited investors" and
other qualified investors under National Policy 45-106. Jadela will not be
preparing or filing an offering memorandum, a prospectus or registration
statement with any securities regulator. The units may be sold to residents of
the United States of America who qualify under federal and state securities
registration exemption laws and in particular under Regulation D Rule 506 of the
United States Securities Act of 1933 ("US Securities Act"). The minimum
subscription for US resident is $50,000. No finders fees or warrants will be
paid or issued to finders for US subscribers unless such finders are registered
broker dealers in the United States of America and applicable securities laws
permit the payment of such compensation. 


This press release does not constitute an offer to sell or solicitation of an
offer to buy any of the securities described herein. The securities have not
been and will not be registered under the U.S. Securities Act, or any state
securities laws and may not be offered or sold within the United States or to
"U.S. persons" (as such term is defined in Regulation S promulgated under the
U.S. Securities Act) unless registered under the U.S. Securities Act and
applicable state securities laws or an exemption from such registration is
available. 


About Jadela

Unitech is a junior oil and gas exploration company. For additional details,
please visit Jadela's website at www.jadela.com.


Reader Advisory

Except for statements of historical fact, this news release contains certain
"forward-looking information" within the meaning of applicable securities law.
Forward-looking information is frequently characterized by words such as "plan",
"expect", "project", "intend", "believe", "anticipate", "estimate" and other
similar words, or statements that certain events or conditions "may" or "will"
occur. In particular, forward-looking information in this press release
includes, but is not limited to, statements with respect to the timing and
completion of the Company's proposed new private placement and related
information. Although we believe that the expectations reflected in the
forward-looking information are reasonable, there can be no assurance that such
expectations will prove to be correct. We cannot guarantee future results,
performance or achievements. Consequently, there is no representation that the
actual results achieved will be the same, in whole or in part, as those set out
in the forward-looking information.


Forward-looking information is based on the opinions and estimates of management
at the date the statements are made and are founded on the basis of expectations
and assumptions made by the Company. Such forward-looking information is subject
to a variety of risks and uncertainties and other factors that could cause
actual events or results to differ materially from those anticipated in the
forward-looking information. Some of the risks and other factors that could
cause the results to differ materially from those expressed in the
forward-looking information include, but are not limited to: general economic
conditions in Canada, the United States and globally; industry conditions,
including fluctuations in the prices of oil and natural gas; governmental
regulation of the oil and gas industry, including environmental regulation;
unanticipated operating events or performance which can reduce production or
cause production to be shut in or delayed; failure to obtain industry partner
and other third party consents and approvals, if and when required; competition
for and/or inability to retain drilling rigs and other services; the
availability of capital on acceptable terms; the need to obtain required
approvals from regulatory authorities; stock market volatility; volatility in
market prices for oil and natural gas; liabilities inherent in oil and natural
gas operations; competition for, among other things, capital, acquisitions of
reserves, undeveloped lands, skilled personnel and supplies; incorrect
assessments of the value of acquisitions; geological, technical, drilling,
processing and transportation problems; changes in tax laws and incentive
programs relating to the oil and gas industry; failure to realize the
anticipated benefits of acquisitions and dispositions; and other factors.
Readers are cautioned that this list of risk factors should not be construed as
exhaustive. 


The forward-looking information contained in this news release is expressly
qualified by this cautionary statement. We undertake no duty to update any of
the forward-looking information to conform such information to actual results or
to changes in our expectations except as otherwise required by applicable
securities legislation. Readers are cautioned not to place undue reliance on
forward-looking information.